Stockmarket News & Updates

Friday began on an upbeat note for the stock market, as investors put the summit between the U.S. and North Korea behind them and instead focused on the increasingly likely resolution of trade disputes with China as a positive catalyst.

Optimism over a potential trade deal between the two largest economies in the world is helping to support markets on both sides of the Pacific Ocean with stocks in China rallying along with their peers in the U.S.

The stock market has rebounded from a dreadful December, and investors are keying in on President Donald Trump’s nationally televised address late Tuesday for indications of any fresh jolt to the economy and their wallets.

WASHINGTON (Reuters) - White House Chief of Staff John Kelly will leave his job at the end of this year, U.S. President Donald Trump said on Saturday, marking the biggest in a string of changes one month after Republicans lost control of the House of Representatives in midterm elections.

(Reuters) - U.S. stock index futures fell more than 1.5 percent on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure.

(Reuters) - U.S. stock fell sharply at the open on Thursday as technology stocks slumped on fears of increased regulations in the wake of Facebook Inc's (O:FB) data privacy issues, while the United States' plan to impose tariffs on China stoked fears of a trade war.

(Reuters) - U.S. stocks inched higher on Tuesday with energy stocks leading the way thanks to a jump in oil prices but technology stocks remained on the defensive after the previous day's bruising selloff.

(Reuters) - U.S. stock index futures dropped on Monday, with reports of Facebook's user data being misused weighing on social media stocks and investors bracing for signals from the Federal Reserve for the future path of interest rate hikes.

Since MoviePass slashed the price of its monthly subscription from $30 to $10 a week ago, the movie-theater subscription service has seen such an influx of new members that it has struggled to keep up with demand.

Almost seven months to the day President Donald Trump took office, his “Make America Great Again” agenda has been eclipsed by political turmoil that is threatening to unravel a record-breaking rally in stocks.

Helios and Matheson Analytics Inc. (HMNY) announced today that is has entered into a definitive agreement to acquire a majority stake of movie subscription technology company MoviePass Inc. HMNY’s innovative growth strategy through the expansion into industries with opportunities for big data and artificial intelligence innovations seeks to increase shareholder value.

“They are thinking twice because risk-off means buying yen, but Japan is too close from a geopolitical perspective,” said Kyoya Okazawa, head of global markets for BNP Paribas in Japan. As such, short-yen positioning could be capping the currency Tuesday, he added.

Netflix shares fell only five percentage points this past week, even as the company’s key vulnerability was laid bare for investors—twice. Walt Disney, a vital source of Netflix content, said it will pull Disney and Pixar movies and shows after next year to start its own streaming service. And Facebook launched a video service with niche shows covering sports, cooking, reality contests, social-media celebrities, and more. For now, it’s far from a threat to the runaway leader in subscription streaming, but then, when Netflix was founded 20 years ago this month, it was far from a threat to Blockbuster.

The trendy notion among some of the world’s best and brightest: The robots are taking over. Tesla’s TSLA, +2.83% Elon Musk is worried about it. So is Microsoft’s MSFT, +0.73% Bill Gates. And professor Stephen Hawking, too.

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